A report from the UK’s financial regulator found that fewer people in the UK hold cryptocurrencies this year than last year, while the “typical value of investor holdings” has increased.
The drop means the number of people owning cryptocurrencies fell from about 7 million last year to about 4.5 million this year. However, the UK Financial Conduct Authority (FCA) stated in its Cryptoasset Consumer Study 2025 report that the UK population’s awareness of cryptocurrencies remains at 91%.
“Overall, the proportion of the UK adult population currently holding crypto assets has fallen from 12% in 2024 to 8% in 2025,” the FCA said.
The FCA has simultaneously begun consultations on proposed cryptocurrency rules under a new regulatory framework, as the regulator expands its oversight of the industry.
Despite the decline, the FCA noted that cryptocurrency ownership in the UK “remains double the proportion reporting ownership of crypto assets in 2021.”
While the report found that fewer UK consumers now own cryptocurrencies, those who are still invested appear to be holding more digital currencies. About 21% said they held between £1,001 and £5,000 ($1,345-$6,720).
The regulator found an upward trend in average holdings, with the average value per holder rising to just under $2,500 from $2,300 last year. According to an October report by the Financial Times, Britons owned a total of $17.3 billion in cryptocurrencies.
Bitcoin and ether According to FCA research, Bitcoin remains the most popular cryptocurrency among UK holders, with approximately 70% of cryptocurrency investors holding BTC and approximately 35% holding ETH. Despite the decline in participation, investors continue to focus their investments on the two largest digital assets.
